 What do you think of this offer? |
| My husband and I have been saving hard for a house deposit. Yesterday hubby's older brother offered to buy a house with us! Not for him to live in, for us to live in. He's 32years old, ... |
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 Can I get a reasonable home loan w/ very poor credit? |
| I got into trouble a few years back and since has paid off my debt however my credit is barely over 500--what do you think?... |
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 Im due for 2 months on my mortgage, can they refuse a payment? |
| I can only make one payment, can they refuse payments unless it's in full?... |
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 Should my landlord (agency) tell me the intentions of the owner before i signed the contract? |
| 3 months ago i moved into my property i was told when i viewed the house that i would be there for years and i clarified this as i have a 2 year old and pregnant, the agency said that i would. So i ... |
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 Is there a way to get out of a mortgage I cosigned with a friend? |
| He dosent work and hasnt been very good with his bills, I did not really put any money into the house and i just want out to save my credit.... |
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 I sold a house on 8/31/2007. I didn't pay the mortgage that month. How would this affect my credit? |
| The bank sent a note of one unpaid monthly payment to the credit bureau. How would this affect my credit?... |
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 Would I qualify for a 300,000 mortgage loan ? |
| This is my situation my husband and I have two small children for which for the past two years I made very little; and my husband is self-employed. We made a combined 39,000 2006 and 36,000 2007. We ... |
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 Why should I hire a realtor? |
| I feel that all of the realtors I have used over the last 35 years/8 houses have only been concerned for themselves. The last 2 houses I bought from owner. Can anyone change my mind that realtors are ... |
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 I'm buying my first home. Do I really need a lawyer? |
| I think I can figure it out on my own. Is a dual agent enough?... |
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 How could listing my home at a higher commission rate benefit me? |
1. I could raise the selling price higher
2. It will attract more realtors to show the house and could cause it to sell more quickly
3.It will attract more buyers to drive ... |
|
 What is a foreclosed home? |
how do foreclosed homes work? Do i pay what is owed against them or so i just purchase it for a super low price?
Additional Details
So a Foreclosed home is not bought at an auction?... |
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 Buy now or wait? |
| i'm ready to buy my first house here in southern california and was wondering when a good time to buy would be. i know the market is dropping, but for how long.... |
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 Tenant rights? |
| im currently renting a 3 bed terraced from my father i dont know what rights i have concerning decorating and new windows? anyone help?... |
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 When will the housing market for sellers improve? |
| There are about 10 houses for sale in my neighborhood and they just aren't showing. Some have been on the market for over 250 days. Realtor told us that it is a buyers market right now. I live ... |
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 If I have bad rental history and my girl doesn't, can we still get an apt together? |
| She has good credit history and rental history and I don't. I would like to know if there is a way we could still be able to get a place without having any problems. please ... |
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jojo | What does the term leasehold on a house mean? |
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fletch
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it means it will accept kippers and llamas into the community and they can all have spitroasts |
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ukdavros
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Leasehold as already said means you dont own the land, which is usualy the case for flats because more than one owner is on the same piece of land.
Some houses are also lease hold usually have long term leases on them so its not a problem. You can also have the chance to buy the lease in some cases which in affect turns in into a freehold |
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MinaF
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You own the property but not the piece of land it sits on. The property leases the piece of land and you can therefore sell on the leasehold.
The opposite is Freehold whre you DO own the land also. Most properties in Scotland are this basis. |
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dbharrold
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You dont own the land and pay the landlord ground rent each year, usually not that much. After a few years, i cant remember how many, you can buy the lease at a fair and reasonable price from the landlord and your house will then be freehold. This is easy to do, any solicitor will advise |
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Barne-Hurst
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It means that you never own the land, as in a flat where several properties are on the same spot! You only take the lease for a given number of years, although you can sell it on.
Freehold is the best option! |
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Bumble
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It means that someone else owns the freehold to the property - i.e. they own the property outright. Leasehold means that whoever rents the property can live there as long as they pay the rent for the duration of their agreement |
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Emmarose
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My husband has a shop which is controlled by a lease. It has just been extended for 15 years, after that time It will have to be renegotiated. |
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Joe K
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leasehold is another way for you to buy a property. Unless I am mistaken it is, in essence, renting - which is to say you are buying an interest in a property for a certain length of time. From what I gather a rental is typically for a much shorter period of time. A leasehold may be decades or as long as 99 years in many instances. You CAN sell a leasehold. Whatever you get, just read the contract. It will spell out the terms. If you are committing to anything long term, have your attorney review.
Regards,
Joe... |
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Paul V
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What does it matter? |
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